Current:Home > NewsBiden says he worries that cutting oil production too fast will hurt working people -InfinityFinance
Biden says he worries that cutting oil production too fast will hurt working people
View
Date:2025-04-15 18:47:26
President Biden said on Sunday that the world can't immediately stop using oil and said OPEC and Russia need to pump more of it, even as he pushes the world to pledge to cut climate-changing carbon emissions at the Glasgow climate summit this week.
After three days of meeting with world leaders in Rome, where he attended the G-20 summit, Biden said he is worried that surging energy costs are hurting working class families.
"On the surface it seems like an irony," Biden said of simultaneously calling on major oil producers to pump more as he heads to the COP26 climate change summit. "But the truth of the matter is ... everyone knows that idea that we're going to be able to move to renewable energy overnight ... it's just not rational," he said.
Biden said the idea that Russia, Saudi Arabia and other producers are holding back to boost prices "is not right." With gas prices averaging $3.40 a gallon in the United States, according to AAA, Biden said families are feeling it.
"It has profound impact on working class families just to get back and forth to work," Biden said. He talked about the issue with other major oil-consuming countries at the G-20, but told reporters he was reluctant to reveal any of their plans to spur producers to pump more.
Biden says he isn't worried about his sagging approval ratings
Surging gas and grocery prices and supply chain snarls have prompted concerns among Americans about the state of the U.S. economy, even as unemployment continues to improve and wages rise.
Biden's approval rating has sunk well below 50%. An NBC News poll released Sunday that found 70% of Americans say the country is headed in the wrong direction, 8 points worse than in August, a moment when Biden's fortunes really began to slide because of the surge in COVID-19 cases and the chaotic troop withdrawal from Afghanistan.
Asked about his poll numbers, Biden said "the polls are going to go up and down and up and down," adding that he didn't seek the presidency for the ratings.
He says he's confident his big legislative package will soon pass
Biden said he's confident the U.S. can meet his goal of cutting U.S. carbon emissions in half by 2030 from 2005 levels, even though a key climate measure was cut out of the legislative package currently before Congress. He said that sweeping package of climate measures and social safety net spending, combined with the infrastructure bill passed by the Senate, together contain $900 billion in climate and resilience measures.
Lawmakers within his own party have struggled to agree on the scope and cost of his plan. "It's going to pass in my view — but we'll see," he said, saying a vote could happen soon.
He acknowledge that climate activists found the G-20 agreement on climate measures underwhelming, but blamed Russia, China and Saudi Arabia for not making commitments. "I found it disappointing myself," he said.
In Rome, Biden expounds on his relationship with Pope Francis
Biden spoke at length about his meeting on Friday with Pope Francis. Biden finds himself at the center of a debate among American Catholic leaders about whether the Catholic president should continue to receive communion, because his stance in favor of abortion rights conflicts with the church's position.
Biden had told reporters the pope told him he was a "good Catholic" and should continue to receive communion. Asked how that made him feel and whether it should put the debate to rest, Biden said "a lot of this is just personal," explaining that Francis had "provided great solace" after the death of his son Beau Biden in 2015.
"He is just a fine, decent honorable man," Biden said of Pope Francis. "He is everything I learned about Catholicism from the time I was a kid going from grade school through high school."
veryGood! (1219)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- The UAW unveils major plan if talks with Big 3 automakers fail: The 'stand up strike'
- The escaped prisoner Danelo Cavalcante was caught. Why the ordeal scared us so much.
- Peso Pluma threatened by Mexican cartel ahead of Tijuana concert: 'It will be your last show'
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Selena Gomez Reveals Why She Really Looked Concerned During Olivia Rodrigo’s VMAs Performance
- Rural nursing home operators say new staff rules would cause more closures
- Psychopaths are everywhere. Are you dating one? Watch out for these red flags.
- 'Most Whopper
- This is where record-breaking wildfires have been occurring all over the world
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Alex Jones spent over $93,000 in July. Sandy Hook families who sued him have yet to see a dime
- A crane has collapsed at a China bridge construction project, killing 6 people
- DeSantis calls NAACP's warning about Florida to minorities and LGBTQ people a stunt
- See you latte: Starbucks plans to cut 30% of its menu
- Several students at Vermont school sent to hospital for CO exposure, officials say
- Ariana Grande tears up while revealing why she decided stop getting Botox, lip fillers
- Summer House's Lindsay Hubbard Breaks Silence on Carl Radke Breakup
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Debate over 'parental rights' is the latest fight in the education culture wars
Court to decide whether out-of-state convictions prohibit expungement of Delaware criminal records
Is Kristin Cavallari Dating Singer Morgan Wallen? See Her Bashful Reaction
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Pope Francis and Bill Clinton set discussion on climate change at Clinton Global Initiative
Lincoln Riley says Oklahoma fans threatened family's safety after he took USC job
Planned Parenthood to resume offering abortions next week in Wisconsin, citing court ruling